You can now buy for less than they sold for this morning. Nothing has changed except the Ask of 0.080 has been replaced by 0.070 to encourage some buying as the mms need to unload some stock, but it's not really working ha
You say nothing solid or meaningful has been announced,.....I totally disagree!,......read the last RNS.
I doubt dealing with African bureaucracy is easy, so this will take time, but a few more weeks or months is nothing. There are very few people debating here and many many hundreds on the sideline patiently waiting. Unfortunately anyone that trades AIM has to have bottle and patients!!
Thing is Aerial, PI's like myself, are very fustrated with the bod. Things are moving too slowly. It's been 11 weeks now since our last RNS, and a lot can be achieved in 11 weeks, but has there been any significant developments? No, otherwise we would all have heard them by now. You only have to compare a similar company like Kibo to see how many RNS they have produced in the last 11 weeks compared to EDL. I appreciate that a confidentiality agreement has been signed by portential Partners, however, to allow the agreement to be in force for so long, has not done EDL any good in respect of the SP or repretation. We need developments, not weeks and weeks of silence where it has proved that nothing solid or meaningful has achieved within the company during this time.
I think you will find that EDL have a very highly qualified and able bod, and that their aim is to make the company work. I personally have no doubt that they are doing everything they said they are doing, and understand why they don't make unnecessary announcements that would mislead the market. Why is this chat board obsessed with debating EDL with bitter ex/ or non holds. Hopefully we can have some serious debate and information about EDL. Banter can be a laugh, but de-ramping here serves not purpose, nor does entertaining de-rampers! IMVHO
Hoping for a significant lift here pretty soon. Bods love money and I'm sure they would love to cash in their options at 0.25. It's been a long haul since the magnitude of what the rukwa investment holds was recognised and I would think a JV partner has to be installed before the year is out. It's the only thing at the moment that is going to shift the sp up significantly, apart from if they sell the licence on at a massive profit of course. But that would be for a short term gain rather than seeing the potential of rukwa out and reaping the full rewards it holds. My only concern is does edl have the right board to make the right decision and to see it through?
Like I said, there is nothing wrong with the investment, ie, rukwa. Its a massive investment with massive potential. I only have a problem with the inept and lax board who seem to be straining this out for ever. All they have to do is keep shareholder updated once a month. Even if its just to say they are still looking for a JV partner. It would make the shareholders here feel a bit valued and in the thoughts of the bods. What exactly the PR company are being used for I have no idea. They are the second PR company to be used this year and in my opinion they are just as $hite at their job as the other muppets.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.